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Arthur Hayes, an established entrepreneur and crypto influencer, has recently received 341,000 BLUR from an address beginning with 0x62ac. This has led to investors taking an unprecedented interest in BLUR token as all of the assets that Arthur Hayes has bought recently have gained double digits, thereby, resulting in massive profits for him. [embed]https://twitter.com/PeckShieldAlert/status/1626072830575267840?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1626072830575267840%7Ctwgr%5Ef49d101bd7616ab5a5a30298c1d300e96642b57e%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Farthur-hayes-buys-blur-amid-massive-hype-tokens-price-reacts[/embed]
BLUR Token Price Fluctuates After Arthur Hayes Purchases It
Large investors’ increased interest in the BLUR token has contributed to its volatile price performance. The price of the token has gone from nearly $5 to as low as $0.4 in just a few hours or even minutes. In spite of investors' increased interest, the BLUR token is still relatively unknown in the cryptocurrency industry. However, the token's potential has been highlighted by recent investments made by well-known people like Hayes and other significant whales.
High Token Volatility
The low liquidity of the BLUR token and its widespread distribution through the airdrop mechanism have both contributed to its price volatility. It is likely that the token's price will continue to fluctuate as long as large investors continue to show interest in it. At the time of writing, BLUR is trading for $1.09, making a strong 50 percent recovery from its local low of $0.48. $5.19 was an all-time high, but only a small number of users were able to spot it.